Kwasi Kwarteng - a swift and sudden downfall

Chancellor Kwasi Kwarteng has cancelled meetings in the US and is leaving a day early for crunch talks in the UK as pressure mounts on Liz Truss to U-turn over the mini-budget. Mr Kwarteng is expected to arrive back on Friday for discussions with the prime minister and Conservative MPs. Speaking about the change in his travel plans, a source close to Mr Kwarteng said he “really wants to engage not only with government colleagues, but also MP colleagues” over the financial plans.

It comes as the Bank of England withdraws its post mini-budget emergency support later on Friday - and as many Tory MPs think a U-turn on some of the tax-cutting package is inevitable.

Taxi for Kwarteng … :oncoming_taxi:

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Kwasi Kwarteng’s plane has landed at London’s Heathrow airport.

Liz Truss will hold a press conference later today.

Chancellor Kwasi Kwarteng will not appear at the press conference with Prime Minister Liz Truss later today.

Is that because he’s tired … :question:

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I suspect it’s because he needs someone to explain to him (yet again) precisely what the master plan is, as he probably still doesn’t understand how nor why it might work, and which inane mantras to recite should someone ask a specific question such as “what is your name” which he hasn’t prepared for.

He’s back:

image

Kwasi Kwarteng is not answering his phone.

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Aha, looks like he’s just picked up some more notes/ideas from the office behind him in that piccie :wink:

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Something’s put a smile on his face … :thinking:

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Either a set of laughing policemen teeth from a joke shop, or maybe he’s been told he’s for the chop and the pain will thus soon be over?

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A No 10 source has said they are not commenting on reports Chancellor Kwasi Kwarteng is due to be sacked.

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Maybe BJ will be called back to take over at the treasury, once he’s finished fleecing some Americans on his after dinner speech tour. Might as well have the full coco the clown act in this farce.

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The news that Prime Minister Liz Truss will hold a press conference on the economy later today sent UK government bonds climbing.

The market expects …

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I think this might be a good time for Truss to put the country back into lockdown and herself on furlough​:grin::rofl::rofl:

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Liz Truss to hold press conference today amid reports Kwasi Kwarteng to be sacked ahead of expected mini-budget U-turn

The media expects …

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Could this be a Costa Concordia moment? Will Liz “Schettino” Truss stay aboard to save the passengers and crew, will she throw a few hapless bystanders overboard for her to walk across on her way to the liferaft…?

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She has sacked him

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Gone and soon forgotten … :wave:

Shortest serving chancellors post-war

  1. Iain Macleod, 30 days (died in office)
  2. Kwasi Kwarteng, 38 days
  3. Nadhim Zahawi, 63 days (caretaker)
  4. Sajid Javid, 204 days
  5. Peter Thorneycroft, 358 days

One down, …

Wonder if he’d had the flat redecorate?

A general election seems to be on the cards

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Lets hope so…! :crossed_fingers:

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I know where a job is on offer, pay very good, boss useless.

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